Scott Aboukir
speaker
493 appearances
1 recordings
1 series
first heard Jul 2026
last heard 17 Jul
Scott Aboukir’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
If you have a million dollar annual need and all of a sudden your portfolio is worth 10 because of a drawdown.
And so your annual need is 10% of the portfolio.
Like you're no longer like a long-term investor.
You're kind of like you're selling and you're doing all sorts of stuff.
And now you've sort of, you no longer can continue with the sort of mandate that we're trying to do.
And a lot of this is like Nassim Taleb kind of, he talks a lot about like death events.
And I think of it as- Black swans.
yeah but like there's specifically a point where you really kind of take yourself out of the game going back to the families you work with are very long term like and we're pretty confident that if we just do the kind of strategy that we're executing for as long as possible like they're going to do great right so the worst thing we could do is take them out of the game and so we work with them about this is the drawdown dollar value that would really cause a problem relative to your need
And we kind of agree on that.
And then we kind of go for it.
And so if instead of it being have your million dollar need, your portfolio is 10, if it continues to grow and you're at 100, 150, and it continues to grow and your lifestyle doesn't change that much.
I mean, obviously inflation, it's going to.
But if you don't like basically increase your need proportionally.
we can take more risks, can then afford a larger drawdown.
And so we use our own tech.
This is not rocket science, but there's a little bit of orchestration to like real time, keep track of this for every entity we work with.
But that's a dynamic number that you can look at that does minimally change every day with the value of these accounts.
That's our asset allocation framework.
We try to make sure that we're
taking as much risk as we can, but no more.
Showing 161–180 of 493 · page 9 of 25
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